Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
990 • Fiscal year 2022 • EIN 13-4103352
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
40th percentile
Higher debt load relative to assets than 40% of similar nonprofits.
Liabilities / Revenue
56th percentile
Higher debt load relative to revenue than 56% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 46.8% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
80th percentile
Faster revenue growth than 80% of similar nonprofits.
Assets
Down$7,122,719
Down $419,135 (-5.6%) from 2021
Net Assets
Up$4,329,601
Up $49,582 (+1.2%) from 2021
Liabilities
Down$2,793,118
Down $468,717 (-14%) from 2021
Revenue
Up$687,283
Up $89,668 (+15%) from 2021
Expenses
Up$637,701
Up $56,046 (+9.6%) from 2021
Net Income
Up$49,582
Up $33,622 (+211%) from 2021
Aafe community development fund, inc. Provides targeted technical assistance and affordable second mortgage loans to enhance home-ownership opportunities for low and moderate income residents of new york city, including asian-americans, minorities and immigrants.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $3,173,266 | $3,085,962 | ▼ $87,304 |
| Cash and Non-Interest-Bearing Accounts | $843,625 | $1,189,869 | ▲ $346,244 |
| Other Notes and Loans Receivable, Net | $754,290 | $674,787 | ▼ $79,503 |
| Savings and Temporary Cash Investments | $1,155,275 | $538,907 | ▼ $616,368 |
| Pledges and Grants Receivable | $46,006 | $90,902 | ▲ $44,896 |
| Prepaid Expenses and Deferred Charges | $7,816 | $7,479 | ▼ $337 |
| Total Assets | $7,541,854 | $7,122,719 | ▼ $419,135 |
| Other Assets Total | $1,561,576 | $1,534,813 | ▼ $26,763 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,941,261 | $1,405,767 | ▼ $535,494 |
| Other Liabilities | $1,259,129 | $1,314,058 | ▲ $54,929 |
| Accounts Payable and Accrued Expenses | $61,445 | $73,293 | ▲ $11,848 |
| Total Liabilities | $3,261,835 | $2,793,118 | ▼ $468,717 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $4,069,829 | $4,094,195 | ▲ $24,366 |
| Net Assets With Donor Restrictions | $210,190 | $235,406 | ▲ $25,216 |
| Total Net Assets Fund Balance | $4,280,019 | $4,329,601 | ▲ $49,582 |
| Total Liabilities and Net Assets / Fund Balance | $7,541,854 | $7,122,719 | ▼ $419,135 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,545,962 | $863,759 | $3,409,721 |
| Land | $540,000 | - | $540,000 |
| Other Assets Org | $386,991 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Joy Suzanne Granado | Chief Accounting Officer | - | - | $107,038 | $107,038 |
| Eddie Wong | Deputy Managing Director | FT | $86,194 | $16,181 | $102,375 |
| Name | Title |
|---|---|
| Heidie Joo Burwell | Board Chair |
| Thomas Yu | Co-executive Director |
| Jennifer Sun | Co-executive Director(outgoing) |
| Donna Chiu | Director |
| Lydia Tom | Director |
| Jessie Lee | Managing Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $370,527 |
| Salaries, Compensation, and Employee Benefits | $267,174 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $111,805 | $12,423 | - | $124,228 |
| Current Officers, Directors, Trustees, and Key Employees | $92,138 | $10,238 | - | $102,376 |
| Interest | $92,900 | $4,500 | - | $97,400 |
| Depreciation Depletion | $74,208 | $13,096 | - | $87,304 |
| Occupancy | $52,043 | $9,184 | - | $61,227 |
| Fees for Services Other | $26,223 | $26,578 | - | $52,801 |
| Office Expenses | $22,914 | $4,043 | - | $26,957 |
| Payroll Taxes | $19,689 | $2,188 | - | $21,877 |
| Information Technology | $17,796 | $3,141 | - | $20,937 |
| Other Employee Benefits | $14,442 | $1,605 | - | $16,047 |
| Insurance | $11,465 | $2,023 | - | $13,488 |
| Pension Plan Contributions | $2,382 | $264 | - | $2,646 |
| Other Expenses | $1,158 | $205 | - | $1,363 |
| Total Functional Expenses | $547,033 | $90,668 | $0 | $637,701 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $653,854 |
| Expenses per Audited Statements | $637,701 |
| Total Expenses per Form 990 | $637,701 |
| Expenses Not Reported on Form 990 | $16,153 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Loans Payable to Affiliates | $1,000,000 |
| Due to Affiliates | $247,201 |
| Refundable Advance | $66,857 |
“Aafe community development fund, inc. Is a membership organization with asian americans for equality, inc. As a sole member. Other persons may become a member only after favorable action by the current members and the board of directors of the corporation. The board of directors of the corporation may establish such other criteria for membership as they deem appropriate.”
“Asian americans for equality, inc., being the sole member, is entitled to appoint the directors; provided, however, that in the event that additional persons are accepted as members of the corporation pursuant to section 2.2 of the organization's by-laws, the number of directors to be appointed by each member may be reapportioned by a favorable action of the board of directors.”
“The following corporate actions may not be taken without the approval of the members: (1) any amendment of or change to the certificate of incorporation or (2) a petition for judicial dissolution; (3) disposing of all, or substantially all, of the assets of the corporation, (4) approval of a plan of merger, (5) authorization of a plan of non-judicial dissolution, or (6) revocation of a voluntary dissolution proceeding. (7) remove any director any time with or without cause by a vote.”
“The form 990 is prepared by an independent accountant. At least 7 days prior to filing, the organization distributes a draft form 990 to the board for review. Five days are allowed for feedback, through the board treasurer, before form 990 is finalized and filed with the irs. A copy of the filed form 990 is provided to the board for their records.”
“Directors and officers are issued with a copy of the organization's current conflict of interest (coi) policy upon appointment, and annually thereafter. Directors and officers complete annual declarations to either confirm no conflicts, or identify possible and/or actual conflicts.”
“Governing documents, conflict of interest policy and financial statements are available to the public by request to any board member or officer. These documents are maintained at the organization's registered office.”
“The process of overseeing the audit and selection of independent accountant has not changed from prior year.”
“Aafe cdf believes it had no uncertain tax positions as of december 31, 2022 and 2021, in accordance with accounting standards codification ("asc") topic 740, which provides standards for establishing and classifying any tax provisions for uncertain tax positions.”
“Rent expense on sublease offset against rent income -16,153.”
“Rent expense on sublease offset against rent income 16,153.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 61445 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 73293 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | AAFE COMMUNITY DEVELOPMENT FUND, INC. PROVIDES TARGETED TECHNICAL ASSISTANCE AND AFFORDABLE SECOND MORTGAGE LOANS TO ENHANCE HOME-OWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME RESIDENTS OF NEW YORK CITY, INCLUDING ASIAN-AMERICANS, MINORITIES AND IMMIGRANTS. |
| IRS990/AllOtherContributionsAmt | 0 | 278876 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THOMAS YU EXECUTIVE DIRECTOR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2129642288 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2 ALLEN STREET 7TH FLOOR |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10002 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 843625 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1189869 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 10238 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 92138 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 102376 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 346630 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3484 |
| IRS990/CYOtherExpensesAmt | 0 | 370527 |
| IRS990/CYOtherRevenueAmt | 0 | 211797 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 125372 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 49582 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 267174 |
| IRS990/CYTotalExpensesAmt | 0 | 637701 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 687283 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 13096 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 74208 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 87304 |
| IRS990/Desc | 0 | HOME OWNERSHIP PROGRAM - THIS PROGRAM PROVIDES TARGETED TECHNICAL ASSISTANCE TO ENHANCE HOMEOWNERSHIP FOR LOW AND MODERATE INCOME ASIAN-AMERICANS AND OTHER MINORITY AND IMMIGRANT RESIDENTS OF NEW YORK CITY. SERVICES INCLUDE: FIRST TIME HOMEBUYER TRAINING, MORTGAGE REFERRAL AND ORIGINATION, HOMEOWNERSHIP RETENTION, LANDLORD COUNSELING, AND MORTGAGE DELINQUENCY AND DEFAULT RESOLUTION. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 210190 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 235406 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 372902 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 26578 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 26223 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 52801 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 39.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 39.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 35.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 39.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 40689 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 53542 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 16181 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 27884 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 10776 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DONNA CHIU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | HEIDIE JOO BURWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JENNIFER SUN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LYDIA TOM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | THOMAS YU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | EDDIE WONG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JESSIE LEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JOY SUZANNE GRANADO |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 86194 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 160060 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 268262 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 170077 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 96262 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CO-EXECUTIVE DIRECTOR(OUTGOING) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CO-EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DEPUTY MANAGING DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | MANAGING DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHIEF ACCOUNTING OFFICER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2000 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GovernmentGrantsAmt | 0 | 67754 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 703436 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 154500 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 3141 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 17796 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 20937 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2023 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 11465 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 13488 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 4500 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 92900 |
| IRS990/InterestGrp/TotalAmt | 0 | 97400 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 3484 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 3484 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 863759 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3173266 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3085962 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3949721 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 16153 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | AAFE COMMUNITY DEVELOPMENT FUND, INC. PROVIDES TARGETED TECHNICAL ASSISTANCE AND AFFORDABLE SECOND MORTGAGE LOANS TO ENHANCE HOME-OWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME RESIDENTS OF NEW YORK CITY, INCLUDING ASIAN-AMERICANS, MINORITIES AND IMMIGRANTS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1941261 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1405767 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4280019 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4329601 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 138347 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 138347 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 4069829 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 4094195 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 9184 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 52043 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 61227 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 4043 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 22914 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 26957 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1561576 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1534813 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 1605 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 14442 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 16047 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | EQUIPT. RENTAL & MAINT. |
| IRS990/OtherExpensesGrp/Desc | 2 | LOAN AND CREDIT RELATED |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 561 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 538 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 81 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 205 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 3180 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 3048 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1642 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 1158 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3741 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 3586 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1723 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1363 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1259129 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1314058 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 531390 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | FEE REIMBURSEMENT |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 67464 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 5986 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 67464 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 5986 |
| IRS990/OtherRevenueTotalAmt | 0 | 73450 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 12423 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 111805 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 124228 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 754290 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 674787 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2188 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 19689 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 21877 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 264 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 2382 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 2646 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 46006 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 90902 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 7816 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 7479 |
| IRS990/PrincipalOfficerNm | 0 | THOMAS YU |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN INTEREST |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | LOAN FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | BAD DEBTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | OTHER PROGRAM INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 76517 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 40724 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 4181 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 3950 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 76517 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 40724 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 4181 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 3950 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | CDFI AND LOAN PROGRAM - THE CDFI AND LOAN PROGRAM PROVIDES AFFORDABLE FINANCING TO HELP FIRST-TIME HOME BUYERS IN NEW YORK CITY WITH THEIR DOWNPAYMENTS; THUS LOWERING THE LOAN-TO-VALUE RATIO OF THEIR PRIMARY MORTGAGE. THIS PROGRAM ALSO OFFERS A RANGE OF AFFORDABLE DOWN PAYMENT, EMERGENCY REPAIR AND HOME REHABILITATION LOAN PRODUCTS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 174131 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 288451 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 3552 |
| IRS990/PYOtherExpensesAmt | 0 | 381462 |
| IRS990/PYOtherRevenueAmt | 0 | 193305 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 112307 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 15960 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 200193 |
| IRS990/PYTotalExpensesAmt | 0 | 581655 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 597615 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 49582 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 138347 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 198822 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1155275 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 538907 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | MISCELLANEOUS INCOME - 2018 AMOUNT: $ 5,128. 2019 AMOUNT: $ 1,527. 2020 AMOUNT: $ 9,146. 2021 AMOUNT: $ 6,671. 2022 AMOUNT: $ 5,983. FEE REIMBURSEMENT - 2021 AMOUNT: $ 49,470. 2022 AMOUNT: $ 67,464. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 346630 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 288451 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 282017 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 185834 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 284823 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1387755 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 157984 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 156552 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 172692 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 160133 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 140566 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 787927 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 676624 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 73447 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 56141 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 9146 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1527 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5128 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 145389 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.58560 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.63550 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1359176 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 28579 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 346630 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 288451 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 282017 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 185834 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 284823 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1387755 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2321071 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2545962 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 863759 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3409721 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 16153 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 637701 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 540000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 540000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 1147822 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 386991 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | DUE FROM AFFILIATES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RESERVE CASH |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 16153 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 247201 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 1000000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 66857 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO AFFILIATES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | LOANS PAYABLE TO AFFILIATES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | REFUNDABLE ADVANCE |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | -16153 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | -16153 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 703436 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | AAFE CDF BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND 2021, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | RENT EXPENSE ON SUBLEASE OFFSET AGAINST RENT INCOME -16,153. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | RENT EXPENSE ON SUBLEASE OFFSET AGAINST RENT INCOME 16,153. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 4B - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3085962 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1534813 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 637701 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 1314058 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 687283 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 703436 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 653854 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 0 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.